UK retail flows buoy Henderson but Formica warns on 'challenging' markets

clock

Henderson has reported strong net UK retail inflows of £814m for the third quarter but cautioned difficulties lie ahead for investors.

The firm enjoyed net inflows of £1.4bn across its business in the third quarter, driven by flows into its UK (£814m) and European (£263m) retail businesses, to maintain its healthy recent performance. Top-selling UK retail funds on the quarter included Henderson UK Property, John Bennett's Euro Selected Opportunities fund, Chris Burvill's Cautious Managed fund, John Pattullo and Jenna Barnard's Strategic Bond fund and the Multi Manager Income and Growth fund, the group added. But chief executive Andrew Formica (pictured), who described market conditions as "fairly benign" in the group...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers have opportunity to deepen private market engagement

Advisers have opportunity to deepen private market engagement

Most client allocations to private markets are either 5%-10% or 1%-5%

Isabel Baxter
clock 18 November 2024 • 2 min read
Royal London cuts number of governed range portfolios

Royal London cuts number of governed range portfolios

Renaming remaining portfolios to reflect level of investment risk

Jenna Brown
clock 18 November 2024 • 1 min read
AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read